Housing Market Analysis for ME7 5BU

Are you looking to understand ME7 5BU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Medway postcode.

For the location information and nearby amenities in the ME7 5BU area, explore the ME7 5BU Area information page.
For comprehensive crime statistics in the ME7 5BU area, explore the ME7 5BU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME7 5BU postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME7 5BU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

    Please note that this data is populated based on the sold houses data given by the Land Registry.

    All the Sales in the ME7 5BU

    See the table below for more details on the sold house prices in the ME7 5BU, Medway postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the ME7 5BU postcode. Properties currently for saleProperties currently for rent

    ME7 5BU Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the ME7 5BU postcode area

    Nearby Sold House Price Statstics

    Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the ME7 5BU postcode.

    • Flat
      • The average price is around £99,826 median price is £99,998 Standard Deviation is £46,895 with Total Sold: 342
      • The Last 5 Year average price is £149,402 with Total Sold: 50
      • The most recent sale happened at this postcode is FLAT 4, CONWAY HALL CONWAY MEWS: £185,000 (Sold on 16 Sep 2024)
      • The first recorded sale happened at this postcode is FLAT 15, CONWAY HALL CONWAY MEWS: £32,500 (Sold on 27 Apr 1995)
    • Terraced
      • The average price is around £192,382 median price is £157,000 Standard Deviation is £126,522 with Total Sold: 427
      • The Last 5 Year average price is £349,050 with Total Sold: 109
      • The most recent sale happened at this postcode is , 19 MCCUDDEN ROW: £221,000 (Sold on 18 Mar 2024)
      • The first recorded sale happened at this postcode is , 21 PROSPECT ROW: £95,000 (Sold on 28 Feb 1995)
    • Detached
      • The average price is around £237,315 median price is £249,950 Standard Deviation is £117,789 with Total Sold: 33
      • The Last 5 Year average price is £324,667 with Total Sold: 6
      • The most recent sale happened at this postcode is , 9 BROMPTON HILL: £260,000 (Sold on 07 Jun 2023)
      • The first recorded sale happened at this postcode is , 2 HAWKINS CLOSE: £65,500 (Sold on 06 Aug 1996)
    • Other
      • The average price is around £333,783 median price is £256,510 Standard Deviation is £285,461 with Total Sold: 16
      • The Last 5 Year average price is £386,503 with Total Sold: 8
      • The most recent sale happened at this postcode is , 3 HIGH STREET: £150,000 (Sold on 31 Mar 2023)
      • The first recorded sale happened at this postcode is , 7 RIVER STREET: £176,000 (Sold on 16 Jan 2014)
    • Semi-Detached
      • The average price is around £171,259 median price is £138,500 Standard Deviation is £99,485 with Total Sold: 79
      • The Last 5 Year average price is £317,250 with Total Sold: 4
      • The most recent sale happened at this postcode is , 3 PROSPECT ROW: £430,000 (Sold on 22 Mar 2023)
      • The first recorded sale happened at this postcode is , 19 MANOR STREET: £36,000 (Sold on 12 May 1995)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£190,000 £3,250 2
    2023£169,500 £3,394 10
    2022£148,810 £2,606 10
    2021£138,500 £2,499 10
    2020£146,929 £2,374 7
    2019£135,773 £2,311 11
    2018£141,944 £2,680 18
    2017£128,143 £2,161 14
    2016£160,666 £3,059 6
    2015£106,700 £1,900 15
    2014£107,682 £2,150 11
    2013£88,500 £1,520 7
    2012£81,833 £1,709 6
    2011£77,889 £1,605 9
    2010£59,143 £1,657 7
    2009£99,667 £1,566 3
    2008£109,429 £2,079 7
    2007£119,961 £2,079 22
    2006£103,312 £1,893 8
    2005£117,599 £2,152 43
    2004£105,875 £1,769 14
    2003£70,998 £1,458 12
    2002£77,187 £1,288 21
    2001£48,312 £871 8
    2000£48,749 £894 12
    1999£35,813 £580 11
    1998£28,688 £547 8
    1997£29,896 £531 9
    1996£40,000 £1,022 2
    1995£45,290 £870 19
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£204,333 £3,239 3
    2023£218,250 £2,538 4
    2022£316,750 £3,633 8
    2021£409,424 £3,133 33
    2020£418,800 £2,928 24
    2019£282,817 £2,993 37
    2018£294,042 £3,211 12
    2017£168,932 £2,475 11
    2016£193,639 £2,230 18
    2015£161,125 £2,250 12
    2014£221,690 £2,396 24
    2013£166,514 £1,494 10
    2012£162,181 £1,728 8
    2011£150,000 £1,898 7
    2010£118,750 £1,992 4
    2009£192,750 £1,200 4
    2008£166,000 £2,062 2
    2007£174,637 £1,793 19
    2006£148,777 £1,852 18
    2005£158,177 £2,187 11
    2004£151,246 £1,574 15
    2003£135,491 £1,419 24
    2002£100,902 £1,083 19
    2001£96,000 £940 11
    2000£74,577 £961 23
    1999£60,403 £667 9
    1998£68,236 £560 11
    1997£71,433 £555 16
    1996£64,747 £657 22
    1995£72,189 £647 8
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£260,000 £4,727 1
    2021£400,000 £2,740 1
    2020£370,000 £3,333 3
    2019£178,000 £3,236 1
    2018£224,000 £4,073 1
    2017£347,333 £3,119 3
    2015£315,400 £2,740 4
    2014£294,711 £2,771 4
    2011£184,000 £2,044 1
    2007£164,000 £2,877 1
    2005£174,9833
    2004£477,000 £5,889 1
    2003£106,500 £1,753 2
    2001£130,998 £1,557 2
    1999£88,748 £989 2
    1997£54,500 £746 2
    1996£65,500 £885 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£150,0001
    2021£284,340 £1,961 3
    2020£588,667 £3,396 3
    2019£323,000 £846 1
    2018£720,0001
    2017£249,000 £2,210 2
    2016£275,000 £2,083 1
    2015£193,167 £3,039 3
    2014£176,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£357,500 £3,000 2
    2021£311,000 £3,456 1
    2019£243,000 £3,076 1
    2018£272,667 £3,028 3
    2017£268,333 £2,939 3
    2016£316,000 £2,081 3
    2015£217,479 £2,826 5
    2014£265,242 £2,559 6
    2013£345,000 £1,971 1
    2012£140,000 £1,474 1
    2010£135,000 £1,519 1
    2009£160,250 £2,030 2
    2008£117,000 £1,658 2
    2007£262,2504
    2006£145,856 £1,923 7
    2005£108,000 £1,227 1
    2004£113,875 £1,850 4
    2003£130,500 £1,610 6
    2002£135,582 £1,101 6
    2001£97,833 £1,289 3
    2000£96,062 £1,153 4
    1999£120,725 £903 2
    1998£50,225 £793 2
    1997£79,375 £791 4
    1996£63,500 £636 2
    1995£47,333 £627 3

    House Type in ME7 5BU area

    The most common house types in the ME7 5BU postcode area are Semi-detached (57), Terraced (46), and Detached (6).

    Total111
    Semi-detached57
    Terraced46
    Detached6
    Flat2
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Other private rented (53), and Private rented: Private landlord or letting agency (38).

    Private rented: Other private rented53
    Private rented: Private landlord or letting agency38
    Owned: Owns with a mortgage or loan6
    Social rented: Other social rented6
    Owned: Owns outright5
    Social rented: Rents from council or Local Authority4
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME7 5BU have 2 people in household (35), and 3 people in household (30).

    2 people in household35
    3 people in household30
    4 people in household21
    1 person in household13
    6 people in household7
    5 people in household5
    0 people in household0
    7 people in household0
    8 or more people in household0